Airplane manufacturer Airbus is planning to make travelling by air a more delightful experience for passengers as they will be able to look to up at the sunny or twinkling sky. The company intends to make planes with see-through cabins. The idea to present the travellers with a cabin will be like a bionic arrangement akin to the competence of a bird bone by four decades from now.
Uncertainty over A380 engines triggered the slipping of engine maker Rolls Royce shares and the Britain's top shares were pulled down as the investors gained heavily from previous session.
By the 0908 GMT, FTSE 100 slipped by 19.32 points to reach at 5,855.87 but closed at 5,875.19 by gaining 0.4 percent. On Tuesday it just managed to cross 5,900 levels for the very first time since June 6, 2008.
Shares of the Randgold Resources, the Gold miner, jumped sharply after announcing of its third quarter budget but again fell by 2.4 percent later.
The shares of BP also lost 1.2 percent.
Australian carrier Qantas announced that it has found "slight anomalies" in its Airbus A380 superjumbo planes; its six-plane fleet will continue to stay grounded for at least another 72 hours. The announcement comes a few days after a Qantas flight was forced to make an emergency landing 15 minutes after take-off.
The sales chief at Airbus expressed that the firm shall simply surpass the year 2010 predictions which is up by 300 new plane guidelines and might reach as many as 400 by the year's conclusion.
John Leahy expressed that the aircraft fabricator, which has a plant in Broughton, was about to comprehend Farnborough air show today with approximately 200 orders which is an striking design, finding that how the aviation industry had recoiled back from the global slump.
The European Union (EU) on Wednesday appealed against the World Trade Organisation's ruling that member states had given plane manufacturer Airbus illegally subsidies to help it have an edge over its US competitor Boeing.
The WTO report said that European Governments has unfairly financed Airbus through risk-free loans and research & infrastructure fundings.
The Airbus A400M military transport plane made its much-awaited maiden flight in Spain on Friday.
The A400M, with its six-man crew, remained in the sky for about four hours before landing at an airport near Seville city.
The first flight of the A400M was scheduled for 2008 but a series of serious technical problems delayed it.
NATO members Britain, France, Germany, Luxembourg, Spain and the like were originally to take deliveries at the end of this year. But, now its deliveries will not be possible before 2013.
Business secretary, Lord Mandelson's promise to provide European plane-manufacturer, Airbus with a loan worth £340 million to develop its new wide body A350 XWB plane, has raised the hackles of America.
However, the promised amount is just the half of what the Airbus had asked for. Airbus' sites in England specialize in wing-manufacturing.
Lord Mandelson said the financial assistance would safeguard as many as 1,200 jobs at Airbus' plants in Filton and Broughton. It will also protect additional 5,000 at Airbus suppliers.
- Gentle Electrical Stimulation May Help in Improving Maths Skills
- Mutated BRCA1 Gene Increases Breast Cancer Risk
- Research Finds Huge Increase in Type-2 Diabetes, Under-40 Hardest Hit
- Step Forward in IVF Treatment in 30 Can Mount up Baby Production Three-times
- David Cameron Blamed for ‘Scaremongering’ Over Health Tourism